---
schema_version: "secwatch.filing_event.v1"
accession: "0000791963-24-000043"
form_type: "8-K"
ticker: "OPY"
cik: "0000791963"
company_name: "OPPENHEIMER HOLDINGS INC"
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:05:17.386761+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oppenheimer reports Q2 net income $10.3M vs loss last year; dividend raised 20% to $0.18/share

## Summary
- Net income $10.3M ($0.99 basic EPS) vs net loss of $9.4M (-$0.85) in Q2 2023; revenue up 8% to $330.6M.
- Quarterly dividend increased 20% to $0.18/share, payable Aug 23 to holders of record Aug 9.
- Assets under management hit record $47.5B, up from $41.2B a year ago; book value per share also record $78.63.
- Private Client pre-tax income $55.5M (26.6% margin); Capital Markets pre-tax loss widened to $21.8M.
- Compensation ratio rose to 66.8% from 61.1% due to new hires and share-based comp; effective tax rate 35.3%.

## SEC filing metadata
- accession: 0000791963-24-000043
- form_type: 8-K
- ticker: OPY
- cik: 0000791963
- company_name: OPPENHEIMER HOLDINGS INC
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/791963/000079196324000043/0000791963-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/791963/000079196324000043/opy-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000791963-24-000043
- JSON: https://secwatch.observer/filing/0000791963-24-000043.json
- Plain text: https://secwatch.observer/filing/0000791963-24-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.